Techmeme
February 3, 2026, 1:10 PM

Top News

Liv McMahon / BBC:
The Paris prosecutor's office says it raided X's French offices with Europol and summons Elon Musk and former CEO Linda Yaccarino to appear at hearings in April  —  The French offices of Elon Musk's X have been raided by the Paris prosecutor's cyber-crime unit, as part of an investigation …
Financial Times:
The UK ICO launches a new investigation into X and xAI over “serious concerns” about Grok's data use and “its potential to produce harmful sexualized” content  —  Tech billionaire and platform's former chief Linda Yaccarino summoned for ‘voluntary interviews’ in April
Bloomberg:
SpaceX acquires xAI; sources say the all-stock deal values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B; xAI burns ~$1B per month  —  Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.
Wall Street Journal:
New York Times:
Paige Smith / Bloomberg:
PayPal names HP CEO Enrique Lores as CEO, replacing interim CEO Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below est.; PYPL drops 15%+  —  PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss …
Rohan Goswami / Semafor:
Sources: HP CEO Enrique Lores leaving to become PayPal CEO blindsided HP, whose board rushed to launch a CEO search process; Lores had worked for HP since 1989  —  PayPal on Tuesday said it was booting its CEO and replacing him with its board chair Enrique Lores, sparing no ambiguity as to why …
Arjun Kharpal / CNBC:
Nintendo reports Q3 revenue of ~$5.2B, below $5.45B est., a ~$1.03B net profit, vs. $950M est., and maintains its 19M Switch 2 sales forecast for fiscal 2026  —  Nintendo maintained its full-year Switch 2 sales forecast on Tuesday allaying some fears that the flagship console was losing momentum.
Jess Weatherbed / The Verge:
Cristina Criddle / Financial Times:
Sources: OpenAI is prioritizing ChatGPT over long-term research, prompting senior staff departures; Sora and DALL-E teams felt neglected and under resourced  —  Resources at $500bn company are being redirected from long-term research towards improving the flagship chatbot
Matthew Green / A Few Thoughts …:
How WhatsApp's client-side E2EE, user-held backup keys, and past reverse engineering undercut claims in a class action lawsuit that Meta can read user chats  —  It's not every day that we see mainstream media get excited about encryption apps!  For that reason, the past several days have been fascinating …
Variety:
Disney names Josh D'Amaro, head of its theme parks and consumer products division, as CEO, replacing Bob Iger, effective March 18; D'Amaro joined Disney in 1998  —  Dana Walden named president and chief creative officer of the company  —  The Walt Disney Co., after a more than two-year saga …
Marina Temkin / TechCrunch:
Lotus Health, which uses AI to offer free, 24/7 primary care in 50 languages, raised a $35M Series A led by CRV and Kleiner Perkins, taking its funding to $41M  —  A growing number of people are asking OpenAI's ChatGPT and other LLMs about their health, often discovering that the chatbots provide remarkably useful medical insights.
Henry Chandonnet / Business Insider:
Grindr is testing Edge, a subscription tier with AI-powered personalized matches and insights, no ads, and more, with prices ranging from $80 to $220 per week  —  - Grindr is testing a new AI subscription tier called “Edge.”  The pilot prices are steep, ranging from $80 to $200 a week.
Financial Times:
LexisNexis-owner Relx, Thomson Reuters, and other media and financial stocks fell 10%+ after Anthropic launched Claude Cowork tools that automate legal work  —  Shares in LexisNexis owner Relx fall 15% after new tools for Claude Cowork unveiled  —  Billions of pounds were wiped off the value …
Brian Barrett / Wired:
The US DOJ releasing emails between tech industry notables and Jeffrey Epstein kicks off a renewed flurry of acrimonious social posts and lurid news coverage  —  The Department of Justice has released more than 3 million documents and photos related to Jeffrey Epstein.
More: Garbage Day, The Verge, 404 Media, The Verge, Protos, Ars Technica, Wired, The Standard, Decrypt, 404 Media, The Parnas Perspective, Axios, Financial Times, New York Times, Bloomberg, New York Times, New York Magazine, Time, New York Times, People, Forbes, ZeroHedge News, Gizmodo, and CBS News
Reuters:
Sources: OpenAI is unsatisfied with some of Nvidia's latest AI chips for inference and has sought alternatives since 2025, such as from AMD, Cerebras, and Groq  —  OpenAI is unsatisfied with some of Nvidia's latest artificial intelligence chips, and it has sought alternatives since last year …
@oracle:
Edward Ludlow / Bloomberg:
Waymo raised $16B led by Sequoia, DST, and Dragoneer at a $126B valuation, plans an expansion across the US and into the UK in 2026, and makes 400K+ rides/week  —  Waymo, Alphabet Inc.'s autonomous driving unit, raised $16 billion at a $126 billion valuation, a funding round that reflects its rapid ascent as a robotaxi pioneer.
Jen Judson / Bloomberg:
Seattle-based Overland AI, which builds off-road robots and autonomous vehicles for the US military, raised $100M led by 8VC, taking its total funding to $142M  —  The Seattle-based defense firm Overland AI Inc. has raised $100 million in new funding to help accelerate the use of robots …

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Nikkei Asia:
Isaac Rouse / Polygon.com:
Sarah Perez / TechCrunch:
Raphael Satter / Reuters: